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Over the past year, JPMorgan Chase has faced tough criticism over the $6 billion London Whale trading losses and in his annual letter to shareholders Chairman and Chief Executive Jamie Dimon ...
Jamie Dimon, Leadership, and the London Whale The credibility of any leader depends on his or her ability to learn. JPMorgan CEO Jamie Dimon isn’t showing many signs of that.
Jamie Dimon's annual letter bluntly lays out his view on the London Whale: "The stupidest and most embarrassing situation I have ever been a part of." ...
And yet, Levin noted, “As late as May 10, bank C.E.O. Jamie Dimon repeatedly described the synthetic credit trades as hedges made to offset risk, despite information showing the portfolio was ...
The London Whale has surfaced again. The lingering question is whether the investigations will prove that whales, like fish, rot from the head. In the early months of 2012, JP Morgan Chase’s Chief ...
If Jamie Dimon wasn’t responsible for the glaring failure to supervise Iksil and his colleagues, ... The London Whale fine is less than four per cent of the firm’s annual profits.
Capitol Report Charges dropped after ‘London Whale’ accused Jamie Dimon of making him a fall guy Prosecutors say they cannot rely on testimony of trader nicknamed ‘London Whale,’ who ...
Someone had to pay the price for that debacle. And that someone was J.P. Morgan's CEO, who saw his annual bonus slashed to a measly $10 million, a 53.5-percent pay cut from the year ...
While Jamie Dimon tried to resolve the London Whale trading losses with one big and sweeping settlement, he has so far been unable to resolve issues with the Commodity Futures Trading Commission ...
There's a lot of minutia buried in 129 pages of London Whale dissection released by J.P. Morgan today. For instance, Jamie Dimon wasn't there when things went off.
Jamie Dimon’s ‘inner Hamlet’ wrestles with retirement at JPMorgan By . ... There have been a few missteps along the way (the London Whale trading fiasco and some regulatory infractions).
There’s been a lot of talk recently about when Jamie Dimon will retire. Will it be two years, three or five? The truth is, no one really knows – not even Dimon himself, people close to him ...
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